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Exam CISA topic 1 question 1015 discussion

Actual exam question from Isaca's CISA
Question #: 1015
Topic #: 1
[All CISA Questions]

A PRIMARY objective of risk management is to keep the total cost of risks below the:

  • A. estimated amount of losses included in the firm's budget.
  • B. amount of losses that would materially damage the firm.
  • C. costs of loss prevention measures, such as physical security measures.
  • D. administrative costs of risk management.
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Suggested Answer: B 🗳️
by SuperMax at Sept. 30, 2023, 4:15 p.m.

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FAGFUR
5 months, 1 week ago
Selected Answer: B
The primary objective of risk management is to keep the total cost of risks below the amount of losses that would materially damage the firm. This means that risk management aims to prevent losses that could have a significant and adverse impact on the organization's financial stability, reputation, and overall well-being.
upvoted 4 times
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SuperMax
6 months, 3 weeks ago
Selected Answer: B
The primary objective of risk management is to keep the total cost of risks below the: B. amount of losses that would materially damage the firm.
upvoted 3 times
...
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